Beware the Risks of Taking Cryptocurrency as Collateral

By Mauro Viskovic, Esq.Email Mauro A lender who takes cryptocurrency as collateral for a loan must be careful to follow the specific requirements applicable to perfecting a security interest in crypto assets.  Otherwise, if the borrower ends up in bankruptcy, that lender would be deemed an unsecured creditor and possibly have no recourse for recouping any […]

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Banking in the Cannabis Industry: Update on the SAFE Banking Act

By Mauro Viskovic Esq.Email Mauro On April 19, 2021, the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Act of 2021, which would serve to greatly expand the financing alternatives to cannabis-related legitimate businesses and service providers for such businesses.  The bill is currently sitting within the Senate‚Äôs Committee on Banking, Housing and […]

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